Well-maintained two-family home in a convenient Gloucester location offering strong income potential and flexibility for both investors and owner-occupants. This property features two spacious units with a total of 5 bedrooms and 2 full baths, with the potential to be used as a single-family or multi-generational home if desired.Each unit offers a functional layout with generous room sizes and abundant natural light throughout. Additional highlights include updated baths, in-unit laundry, and a comfortable, easy flow ideal for everyday living.Situated on a 0.24-acre lot, the property includes off-street parking, a garage space, two sheds for additional storage, and outdoor space perfect for relaxing or entertaining. Ideally located near Gloucester’s beaches, downtown, restaurants, and commuter routes.
Pending
Price cut: $100K (5/1)
$1,199,000
35 Reservoir Rd, Gloucester, MA 01930
5beds
3,120sqft
Multi Family
Built in 1980
-- sqft lot
$1,149,900 Zestimate®
$384/sqft
$-- HOA
What's special
Garage spaceIn-unit laundryFunctional layoutGenerous room sizesUpdated bathsOff-street parkingAbundant natural light throughout
- 65 days |
- 182 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Rosalia Giacalone 978-836-8976,
Engel & Volkers By the Sea 978-865-1168
Source: MLS PIN,MLS#: 73505438
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Oven, Range, Refrigerator, Washer/Dryer, Dishwasher
- Laundry: Washer & Dryer Hookup
Features
- Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
- Finished area above ground: 3,120
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Off Street
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Patio & porch: Deck - Wood
- Exterior features: Sprinkler System
Lot
- Size: 10,374 Square Feet
- Features: Cleared
Details
- Parcel number: M:0107A B:0029 L:0000,1899041
- Zoning: R-10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $714,700
- Annual tax amount: $6,947
- Date on market: 4/22/2026
- Total actual rent: 0
Estimated market value
$1,149,900
$1.09M - $1.21M
$3,443/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Pending sale | $1,199,000$384/sqft |
Source: MLS PIN #73505438 Report a problem | ||
| 5/11/2026 | Contingent | $1,199,000$384/sqft |
Source: MLS PIN #73505438 Report a problem | ||
| 5/1/2026 | Price change | $1,199,000-7.7%$384/sqft |
Source: MLS PIN #73505438 Report a problem | ||
| 4/22/2026 | Listed for sale | $1,299,000$416/sqft |
Source: MLS PIN #73505438 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,821 | $701,000 |
| 2024 | $6,821 -3.1% | $701,000 +5.4% |
| 2023 | $7,040 | $664,800 |
| 2022 | $7,040 +10% | $664,800 +29.3% |
| 2021 | $6,398 +4.5% | $514,300 +3.5% |
| 2020 | $6,124 +7.3% | $496,700 +10.5% |
| 2019 | $5,705 +7% | $449,600 +9% |
| 2018 | $5,332 +4.5% | $412,400 +6.6% |
| 2017 | $5,101 +2.7% | $386,700 +6% |
| 2016 | $4,965 +1.7% | $364,800 +2% |
| 2015 | $4,880 +3.9% | $357,500 -1.2% |
| 2014 | $4,697 +5.1% | $361,900 +2.2% |
| 2013 | $4,467 +0.1% | $354,000 -3.4% |
| 2012 | $4,463 +2.4% | $366,400 -4.9% |
| 2011 | $4,359 +6.4% | $385,400 -1.4% |
| 2010 | $4,098 -6.1% | $390,700 -14% |
| 2009 | $4,363 -0.1% | $454,500 -5.3% |
| 2008 | $4,366 -0.9% | $479,800 -6.2% |
| 2007 | $4,404 -0.8% | $511,500 |
| 2006 | $4,440 +16.3% | $511,500 +20.4% |
| 2005 | $3,818 +4% | $424,700 +11.1% |
| 2004 | $3,672 +0.8% | $382,100 +14.8% |
| 2003 | $3,643 +6.2% | $332,700 +28.7% |
| 2001 | $3,430 +6.9% | $258,500 +21.6% |
| 1999 | $3,208 | $212,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 01930
Nearby schools
GreatSchools rating
- 4/10Beeman Memorial Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Gloucester
- 01930
- 35 Reservoir Rd
Nearby cities
Nearby zip codes
Other Gloucester Topics
